TCS, Adani Group, Zomato, Marico and others

Major benchmarks are expected to start on a negative note as global markets fell after comments from Federal Reserve Governor Lael Brainard on possible aggressive central bank action to control inflation.

Adani Group

The boards of Adani Enterprises, Adani Green Energy and Adani Transmission are due to meet on April 8 to consider a fundraising proposal respectively.

CDS

The computer science major informed BSE that the Kanas Department of Labor had chosen the company to build a modern, secure, web-based system for the state unemployment insurance program.

Aeronautical actions

The government has started talks with airlines about removing price bands for passenger fares. The talks began after some airlines renewed their demand to remove price caps, saying the regulations are an obstacle to resuming full-fledged domestic air traffic. IndiGo, Vistara are against such limits; while SpiceJet, Go First are not on board.

Zomato

A day after the Competition Commission of India (CCI) ordered an investigation into the pricing and restaurant listing practices of food delivery majors Zomato and Swiggy, Zomato said in a regulatory filing that he will explain to the competition watchdog that he is in compliance with the relevant rules. laws.

Saregama India

The company’s board of directors will meet on April 6 to set a record date for the proposed 1:10 stock split.

Tata Steel

Tata Steel India achieved the highest annual crude steel production in its history of 19.06 million tonnes, growing 13% year-on-year. Tata Steel India’s deliveries increased by 6% year-on-year in FY22, surpassing the previous record set in FY21. Tata Steel Europe’s steel production in FY22 was up 6% year-on-year and total shipments were up 2% year-on-year, driven by broad-based improvement across most steel-consuming sectors.

Mario

FMCG said revenue growth in Q4FY22 was in the low single digits, while volumes were slightly positive on an exceptionally high basis (25%), driving double-digit volume growth on a CAGR basis of 2 years. Consolidated revenue growth in the quarter reached high single digits.

Ruchi Soya Industries

The board of the company has approved the allotment of 6.61 crore equity shares worth Rs 4,300 crore.

Steel

JSW Steel, ArcelorMittal Nippon Steel India (AM/NS India) and Jindal Steel & Power (JSPL) were among the major private sector steelmakers who raised prices for hot rolled coil (HRC) – a benchmark for steel flat – from Rs 4,000-5,000 per ton in April, citing rising input prices.

Bhagiradha Chemicals

The board of the company has approved the rights issue of 20.95 lakh shares at a ratio of 4:17 i.e. shareholders will be entitled to subscribe for 4 shares for every 17 shares held in the company. Check-in date is April 09. The rights issue is at Rs 400 per share; the stock last traded at Rs 1,058 on Tuesday.

Warning:Disclaimer: The views and investment advice of the experts in this News18.com report are their own and not those of the website or its management. Users are advised to check with certified experts before making any investment decision.

Read all the latest IPL 2022 news, breaking news and live updates here.

Garland K. Long